1▲5 | AKRBP | Aker BP ASA | 82+14 | 90+25 | 68+6 | 68 | high | Aker BP sits at 99% of its 20-day high with strong momentum and Brent crude at $100/bbl providing a direct earnings tailwind — a clear near-term buy setup. | ▼ |
2▲2 | YAR | Yara International ASA | 80+8 | 92+12 | 58-2 | 43-5 | high | Yara is at the 20-day high with the strongest monthly momentum in the universe (+10.1%) and benefits from elevated energy prices feeding through to fertiliser pricing power. | ▼ |
3▼1 | DNB | DNB Bank ASA | 76+2 | 80+2 | 65 | 82 | high | DNB is at the absolute 20-day high with the best volatility profile in the universe (Vol 4.5%) and benefits from ECB-driven rate hike expectations boosting net interest margins. | ▼ |
4▼1 | SCATC | Scatec ASA | 75+2 | 92+10 | 45-7 | 50-2 | high | Scatec leads the universe with +8.3% weekly and +12.3% monthly gains, trading at a 20-day high — strong technical momentum though elevated volatility warrants monitoring. | ▼ |
5— | EQNR | Equinor ASA | 72+2 | 72+5 | 65 | 63 | high | Equinor benefits from $100 Brent crude and trades near the upper portion of its 20-day range with solid monthly momentum, offset slightly by geopolitical tail risk in its operating regions. | ▼ |
6▲3 | SALM | SalMar ASA | 63+15 | 68+18 | 53+3 | 42+4 | medium | SalMar sits near the upper quarter of its 20-day range with strong 20d momentum (+7.7%) and is positioned above its 20-day MA, reflecting resilient aquaculture demand. | ▼ |
7— | NHY | Norsk Hydro ASA | 60-5 | 65-3 | 55-3 | 63 | medium | Norsk Hydro sits near the top of its 20-day range with modest but positive momentum across all timeframes, supported by a strong USD/NOK for aluminium exports. | ▼ |
8▲2 | MOWI | Mowi ASA | 57+17 | 58+20 | 52+2 | 65+5 | medium | Mowi shows constructive momentum — positive 5d and solid 20d return at mid-range — supported by elevated Brent and a weak NOK benefiting salmon export revenues. | ▼ |
9▼8 | BWLPG | BW LPG Limited | 52-24 | 52-36 | 48-7 | 38 | medium | BW LPG shows positive 20-day momentum and sits near mid-range, but the high volatility profile and macro rate-hike headwinds limit near-term conviction in the shipping sector. | ▼ |
10▲1 | TEL | Telenor ASA | 47+12 | 38+13 | 55 | 78-10 | medium | Telenor offers defensive stability with the second-lowest volatility in the universe, but negative 5-day return and mid-range positioning reflect limited near-term upside catalysts. | ▼ |
11▲3 | AUSS | Austevoll Seafood ASA | 38+10 | 32+14 | 45 | 58+6 | low | Weak recent momentum with price sitting near the lower quarter of its 20-day range and no salmon spot price data to provide a positive catalyst. | ▼ |
12▼4 | STB | Storebrand ASA | 38-24 | 30-25 | 50-10 | 80-10 | low | Storebrand is in the lower quartile of its 20-day range with flat-to-negative momentum; higher rates benefit insurance/pension earnings but the weak price trend dampens near-term conviction. | ▼ |
13▼1 | KOG | Kongsberg Gruppen ASA | 26-7 | 10-10 | 52-6 | 45-5 | low | Kongsberg Gruppen has plunged to its 20-day low (-5.1% this week) despite solid sector tailwinds from European defence spending, suggesting profit-taking after an extended run-up. | ▼ |
14▼1 | SUBC | Subsea 7 SA | 24-6 | 8-10 | 45-5 | 62-3 | low | Subsea 7 sits at the absolute 20-day low with a sharp -5.9% weekly and -3.2% monthly decline, indicating clear distribution pressure with no identifiable positive catalyst. | ▼ |
15— | ORK | Orkla ASA | 22 | 10-2 | 40-8 | 44+4 | low | Orkla is in severe technical breakdown — at only 2% of its 20-day range, -11.2% over the month, and far below its MA — and faces margin headwinds from ECB-driven inflation. | ▼ |